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Africa’s outlook is positive,’ AfDB to Indian investors

‘Africa’s outlook is positive,’ AfDB to Indian investors

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There has been a slide in the levels of foreign direct investment in Africa. Wikimedia Commons

The groundwork has been laid for Indian investors who are looking to invest in Africa.

During a recent virtual conference hosted by the Confederation of Indian Industry (CII) and its partners, officials called for Indo-African partnerships to go beyond government-to-government cooperation and promote private sector participation in order to accelerate Africa’s development.

The Conference on Innovative Financing Mechanisms for Doing Business with Africa took place on 30 July 2020 and attracted more than 600 participants from over 45 countries. Besides Africa and India, there were also participants from the Middle East, Europe, and Asia, representing businesses, governments, financial institutions, and business promotion agencies.

Copied from: Daily mailgh

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